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Tuesday, July 15, 2008

Some good news, finally, amidst a lot of gloom

"Oil prices plunge at fastest rate in 17 years over economic fears"

Just now, from Yahoo:

http://biz.yahoo.com/ap/080715/oil_prices.html

It's only $6.00/barrel and we could lose that--and more--tomorrow, with a big jump but, hey, we'll take it. Also, sure, it dropped the most in the last 17 years but how much did it go up in the last year? 2 years?

Anyway, what we really need is just a retreat of these prices, back to 60 to 80 dollars per barrel, where it should be, as per the economists.

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